Centrum Capital’s subsidiary company -- Centrum Housing Finance (CHFL) has entered into a Share Purchase Agreement with Central Bank of India (CBoI) for acquisition of CBoI's entire equity stake in Cent Bank Home Finance (CBHFL) constituting 64.40% of the share capital of CBHFL on a fully diluted basis, subject to the receipt of regulatory approvals first being obtained and compliance of applicable law. Cost of acquisition aggregate consideration of about Rs 160 crore.
Centrum Capital is an investment banking company, which offers a range of financial services in the areas of equity capital market, private equity, corporate finance, project finance and stressed asset resolution.
